===================Program Starting: Thu Feb 29 18:20:37 2024

------ Estimated Model parameters------
             betapar		   0.973900000000000
              Etapar		   0.035000000000000	   0.019500000000000	   0.013500000000000
               Kappa		   0.805460000000000
                PROD		   0.393221996043480	   1.000000000000000	   2.543092731489580
            gmapping		   0.214468075000000	   0.240452275000000	   0.279527000000000
            gmapping		   2.179000000000000	   2.443000000000000	   2.840000000000000
               meang		   0.098425000000000
              kappaE		   0.280000000000000
             psiparW		   1.850000000000000
             psiparE		   1.850000000000000
               nupar		   0.890000000000000
           lambdapar		  50.000000000000000
              phipar		   0.041700000000000
              minpar		   0.040000000000000
              DRIpar		   0.700000000000000
               mupar		   0.500000000000000
             rhostar		   0.400000000000000
              pLTpar		   0.500000000000000
                 muz		   1.000000000000000
                  pz		   0.900000000000000
                sigz		   0.418500000000000
                 PiZ	    0	   0.560778726130851	   0.259823617434122	   0.133150291002764	   0.039046841213730	   0.006540976338574	   0.000624569420485	   0.000034978459473	
                 PiZ	    1	   0.296220025238117	   0.294507026079130	   0.249194329875607	   0.120777504252425	   0.033492649260292	   0.005304420288587	   0.000504045005842	
                 PiZ	    2	   0.110560973209393	   0.212616645309335	   0.296977216213190	   0.237671988222660	   0.108944525314200	   0.028568040727306	   0.004660611003916	
                 PiZ	    3	   0.027951001361554	   0.097723609057729	   0.225422787980110	   0.297805203201214	   0.225422787980110	   0.097723609057729	   0.027951001361554	
                 PiZ	    4	   0.004660611003917	   0.028568040727306	   0.108944525314200	   0.237671988222660	   0.296977216213190	   0.212616645309335	   0.110560973209393	
                 PiZ	    5	   0.000504045005842	   0.005304420288587	   0.033492649260292	   0.120777504252425	   0.249194329875607	   0.294507026079130	   0.296220025238117	
                 PiZ	    6	   0.000034978459473	   0.000624569420485	   0.006540976338574	   0.039046841213730	   0.133150291002764	   0.259823617434122	   0.560778726130851	
               Zgrid	   0.039895158324313	   0.359930143754798	   0.679965129185283	   1.000000114615768	   1.320035100046253	   1.640070085476738	   1.960105070907223	
               mupar		   0.500000000000000
              DRIpar		   0.700000000000000

-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.016489214609214 
w    0.253706723228092 
mw    0.326955227662619
u    0.051337748086803 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.647545096749081
Fraction of E>nonE [6.7]    7.202679726881783
Fraction of E [8.2]   10.943254934449504
Ratio mworthJ/mworthW [8]    5.800007212187448
Wealth Gini [0.8]    0.635451253362946
Bankruptcy rate [0.75]    0.647718199971489
U>E [2.2]    3.851083026918931
(UL:    0.027354936744040, US:    0.023982811342763) Unemploy. rate [6.4]    5.133774808680318
IUR (Ui/W) [2.5] = 2.857717
W>E 1 [1.07]    1.156078891478868
W>E 2 [0.89]    0.847405627035335
W>E 3 [1.07]    0.996973722846048
W>U 1 [1.07]    1.399196305636402
W>U 2 [0.89]    0.914905710117408
W>U 3 [1.07]    0.686153522654245
Zero wealth fraction [7- 13]    4.369457999300671
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.008521511147451
Fraction of U>E (rlv to new entrant) [20]    0.232008063917801
Worker exit rate (rlv to workers) [3-6.5]    0.029021403796193
Nshare (US)    0.036040959703052, 	 Nshare(UL):    0.001236083131961, 	 Nshare(WW):    0.001341771137616, 	 Nshare [0.1]:    0.038618813972629
Earning Gini [0.36]    0.465248919883370
Top 1 [30]    0.127101186674804
Fraction U>nonU (rlv to unemployed) [?]   47.913869932169412

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.013113263976351	   0.005202419698356	   0.008331348135966	
   0.009015294156705	   0.006608209053967	   0.007774565770736	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.034496993928082	   0.019381462804725	   0.013369421026396	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.043908343116680	   0.067458412509743	   0.086889461052095	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.015519317449479	   0.005703677155149	   0.007262444257943	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.426292446668556	   0.453042612488960	   0.436325366255166	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.044720012128029	   0.030814291896488	   0.046213436140575	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5208613 	 0.4406279 	 0.0385108 
W 	 0.0212232 	 0.9709786 	 0.0077982 
E 	 0.0098831 	 0.0621437 	 0.9279732 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.025609680913851
Top 1 [41.8]    0.127101186674804
Top 5 [?]    0.313142160751302
Top 10 [77.2]    0.460153118453335
Top 20 [?]    0.645380777252337
Top 40 [?]    0.874222024382030
Bot 20 [?]    0.004909306735874
Bot 40 [?]    0.034678058244310
Bot 60 [?]    0.125777975617970
Bot 80 [?]    0.354619222747663
mworthJ   10.641112107718351
mworthW    1.834672219951448
mworthUi    1.229214052809960
mworthUn    2.541814225965741
avgfirm:   12.994727128087161
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    1.422046117662655
productionJ (annual)    0.882824589362205
Totalcapital    5.274600533055182
Totallabor    1.091378508068121
Corproduction (annual)    1.098702790001749
Corcapital    3.852554415392527
Totalproduction (annual)    1.981527379363954
capitalJ/Totalcapital    0.269602618956809
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002500078681832
Revenue Basis    0.276890065083528
Optimal tax    0.009317381505949
Optimal tax SEA    0.000000000000000
COST SEA:    0.000090404923832    0.000040277863727
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.839229702568248 
U    0.051337748086803 
VE    0.109432549344495 
-------WELFARE--------
Un -146.967961030451420  Ui -156.201072708593586  J -113.436092273004647  WW -143.388546775500686  Wtot-140.515968362904999   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.172245668199666,    0.249999999999882,    5.213214184327913,    0.644740716434916  
THETA: 1,     0.088226767539888,    0.499999999999775,   12.660936775460430,    1.110888669337818  
THETA: 2,     0.089030994098740,    0.249999999999890,   28.710943693599305,    1.553923906406697  

 GMM ::  131.017892026519348


 ===================Program ended: Thu Feb 29 18:22:53 2024
 in 136.000000 seconds=================
